Новости за 23.09.2024

Artificial intelligence (AI) startup Phacet has reportedly raised $4.4 million for its small business-based solutions. The seed funding round comes as the Paris-based company is working to extend its AI applications for small and medium-sized enterprises (SMEs) across a range of sectors, including eCommerce, industry and finance, EU Startups reported Monday (Sept. 23). “The support of our investors will […]

Fiat-cryptocurrency payment gateway Alchemy Pay’s Virtual Card now supports Google Pay, enabling users to pair the card with that digital payment platform. By adding the crypto card to Google Pay, users can make payments for everyday transactions more quickly and securely, Alchemy Pay said in a Wednesday (Sept. 18) press release. Alchemy Pay’s new card […]

When GlassCraft Door Company set out to transition its product line of doors to an online platform, the challenge was immense. Traditional eCommerce solutions simply couldn’t accommodate the vast array of options available. In an interview with PYMNTS, Donald Polansky, senior manager of corporate systems development at GlassCraft Door Company, explained the dilemma. “This could […]

Jump has raised 11 million euros (about $12.2 million) to grow its platform that provides French freelancers with some of the benefits associated with traditional jobs. These benefits include French CDI employment contracts, social protection, company health insurance and savings plans, Breega, which led the funding round for the French startup, said in a Monday […]

Priority has introduced enhancements to the Passport product within its banking and treasury solutions platform. Among the changes announced by the unified commerce company Monday (Sept. 23) is an offering called Cash Builder, an FDIC-insured savings account that lets customers passively earn money on idle funds. “Passport Cash Builder also integrates our advanced embedded yield API, which allows […]

Bank of America (BofA) plans to open dozens of branches over the next two years. Nearly 40 of those openings will happen this year, according to a Monday (Sept. 23) press release. The goal is to add more than 165 “financial centers” in 63 markets by the end of 2026. It follows the opening of […]

Apollo Global Management reportedly offered to invest up to $5 billion in chipmaker Intel. Intel executives are considering the proposal, Bloomberg reported Monday (Sept. 23), citing unnamed sources. The size of the potential investment could change, or the talks could come to nothing, according to the report. Neither Apollo Global Management nor Intel immediately replied […]

Edge AI computing brings the brain of artificial intelligence (AI) directly to your devices, making them smarter, faster and more private. From self-driving cars navigating city streets to smartphones instantly translating foreign languages, AI is increasingly moving out of centralized data centers and onto the devices we use daily. This shift toward “edge AI” represents […]

Operations at around three dozen U.S. ports are in limbo as a union strike looms. The disruption, spanning the East Coast down to the Gulf, all the way from Searsport, Maine, to Brownsville, Texas, could spell disaster for both domestic and foreign supply chains across multiple sectors. It would be the first coast-wide dockworker strike […]

The initial euphoria that greeted the Federal Reserve’s decision this past week to cut interest rates for the first time in four years was keenly felt on Wall Street. The Dow Jones Industrial Average, widely used as a proxy for investor sentiment, soared to new heights. And while it’s true that the 0.5% cut to […]

DailyPay will expand its earned wage access (EWA) services to the United Kingdom this fall. The solution, which will mark the company’s first expansion outside the United States, will initially be offered to DailyPay’s existing clients who have operations in the U.K., the company said in a Monday (Sept. 23) press release. “Many of our […]

Citi’s plan to expand in China has reportedly hit a regulatory bump in America. The trouble stems from a penalty levied by the Federal Reserve against the banking giant over its data management and risk controls, Bloomberg News reported Monday (Sept. 23), citing sources familiar with the matter. According to the report, Citi faces delays in establishing a standalone securities […]

Canada’s experiment with the digital dollar is over, at least for now. The Bank of Canada announced recently that after years of exploring the idea of a central bank digital currency (CBDC), it was moving on. “With this work completed, and with other payments issues gaining prominence, the Bank is scaling down its work on a retail […]

Data is the fuel driving today’s world toward a more connected, digital tomorrow. The right data can be valuable to businesses interested in driving results and efficiencies when it comes to their spend management and fraud prevention functions. “For large enterprises, the more data they have, the more informed decisions they can make,” Marcos Gelfi, […]

You can’t have a global economy without cross-border payments. And as the world gets more connected, the onus is increasingly falling on cross-border payments, which have traditionally been friction-filled and complex, to step up their game and perform better. “Traditional cross-border payments still have a lot of issues with transparency and cost. To get the […]

Embedded lending promises convenient, streamlined access to financing within merchant and business platforms. This proves especially impactful for individuals and microbusinesses and small businesses (MSBs) wanting to align their cash flow and expenses. Despite most lenders in the U.K. offering this type of lending, use in the U.K. lags other markets. PYMNTS Intelligence finds that […]

The rate cuts are in — and the CE 100 Index has taken note.  This past week, the Federal Reserve cut its benchmark Fed Funds rate by 0.5% — the first such move in four years. And as is always the case when the central bank cuts rates, especially at this magnitude, a number of […]

The travel and hospitality sectors have long been anchored in traditional payment methods, like cash and credit cards. As consumers and employees voice their frustrations with outdated systems, adopting real-time payment solutions could revolutionize the industry. The PYMNTS Intelligence report “From Trips to Tips: How Faster Payments Can Elevate Travel and Hospitality” revealed that improved […]

Have artificial intelligence (AI) copilots been unseated by AI agents? The world’s software giants seem to be making that case, the Financial Times (FT) reported Sunday (Sept. 22). According to that report Microsoft, Salesforce and Workday have all within the last week placed agents at the core of their AI plans, with Oracle and ServiceNow […]

Two of the European Union’s top regulators are stepping down from their posts. And as Wired reported Saturday (Sept. 22), experts say it’s too soon to tell what their replacements may bring. Last week brought the resignation of EU Commissioner Thierry Breton, a longtime, outspoken foe of Big Tech companies.  “I’m sure [the tech giants […]

Sovereign wealth funds have reportedly become major players in the artificial intelligence (AI) funding race. Countries such as Saudi Arabia, Kuwait and the United Arab Emirates (UAE) are turning to AI projects as a way to diversify their economies, CNBC reported Sunday (Sept. 22). In the last year, funding for AI firms from these oil-rich […]

The next time you call your favorite restaurant, it may be AI that answers. That’s according to a report Sunday (Sept. 22) by Ars Technica on the popularity of artificial intelligence (AI)-powered hosts used by eateries. As the report noted, there are many companies specializing in the service, offering 24-hour responses to questions about things […]

The U.S. is reportedly readying a ban on Chinese technology in connected and autonomous cars. That prohibition — borne of national security concerns — from the U.S. Commerce Department is expected on Monday (Sept. 23), Reuters reported, citing two sources familiar with the matter. Those sources said the proposal would ban the import and sale […]